Reported 2 days ago
Heathrow Airport faces warnings from S&P Global that it cannot afford the proposed £20 billion third runway without incurring significant debt. The agency suggests that the expansion may weaken Heathrow's competitive position among European airports, causing higher passenger charges and financial strain. Despite assurances of no taxpayer funding, the future of the project appears uncertain with concerns about financing, as Heathrow plans to submit expansion proposals later this year.
Source: YAHOO